help:Allowance to an employee working in any transport system?

Tax queries 615 views 3 replies

allowance granted to an employee working in any transport system is:

70% of such allowance or 6000 p.m. or

70% of such allowance or 10000 p.m. for a.y. 2012-13

i m confused!!

 

Replies (3)
Its lower of 70% of such allowance or 10000

thanx amit

70% or 10000. New amendment


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